We present a particularly impressive apartment building in 1030 Vienna. It is a revitalization and expansion with four wings (street wing, studio building, commercial and residential building and new construction project) which after completion has a usable area of about 6,700m ². Two tracts contain 37 units of which two commercial premises with an area of 566m² are attributable. presently, three residential units and one business premises are rented at market rates. In a further step, the new building and the attic are to be partially financed in phase.
The property is surrounded by all important amenities for daily needs and is excellently connected to the transport network due to its proximity to the Landstraße (individual traffic), subway station Kardinal-Nagl-Platz (U3). The nearby U3 subway station connects the property directly with Wien-Mitte-Landstraße, which offers many other transport connections. The project is being realized by the Nadland Development Group, which has already successfully obtained the building permit after successfully purchasing the land. Construction will start shortly and the planning has already been completed. The project is characterized by an environment with high development potential as well as very experienced project developers with an excellent network. The financing aspect of the project emanate from existing bank loans that amount to 16, 800,000 euro and with equity finance of about 2,724,000 euro.
The extensive recreational area of the Vienna Prater offers countless opportunities to escape the hustle and bustle of the city. The Rochus Markt, not far from Apostelgasse, offers residents of Vienna’s 3rd district a culinary variety with hip eateries and beautiful stalls on weekends.